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Matrix Service CompanyMTRX
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Overview >
Market Cap
274.14M
Revenue (ttm)
708.26M
Net Income (ttm)
-33.71M
Shares Out
27.61M
EPS (ttm)
-1.22
PE Ratio
n/a
Forward PE
23.49
Dividend
n/a
Ex-Dividend Date
n/a
Volume
37,973
Open
10.23
Previous Close
10.22
Day's Range
9.86 - 10.33
52-Week Range
8.61 - 15.75
Beta
1.01
Analysts
Strong Buy
Price Target
20.00 (+101.41%)
Earnings Date
May 7, 2025
Description >

Matrix Service Company provides engineering, fabrication, construction, and maintenance services to support critical energy infrastructure and industrial markets in the United States, Canada, and internationally.

It operates through three segments: Utility and Power Infrastructure; Process and Industrial Facilities; and Storage and Terminal Solutions.

The Utility and Power Infrastructure segment offers power delivery services, including construction of new substations, upgrades of existing substations, transmission and distribution line installations, and upgrades and maintenance, and emergency and storm restoration services.

This segment also provides engineering, fabrication, and construction services for LNG utility peak shaving facilities; and construction and maintenance services to power generation facilities, including natural gas fired facilities.

The Process and Industrial Facilities segment engages in the refining and processing of crude oil; fractionating and marketing of natural, gas and natural gas liquids; and offers plant maintenance, turnarounds, engineering, industrial cleaning services, and capital construction services.

The Storage and Terminal Solutions segment undertakes work related to aboveground crude oil and refined product storage tanks and terminals; engineering, procurement, fabrication, and construction services related to cryogenic and other specialty tanks and terminals for LNG, NGLs, hydrogen, ammonia, propane, butane, liquid nitrogen/liquid oxygen, and liquid petroleum; and provides plant work, truck and rail loading/offloading facilities, and marine structures, as well as storage tank and terminal maintenance and repair.

This segment also manufactures and sells precision engineered specialty tank products, including geodesic domes, aluminum internal floating roofs, floating suction and skimmer systems, roof drain systems, and floating roof seals.

Matrix Service Company was founded in 1984 and is headquartered in Tulsa, Oklahoma.

Latest News >
Canada PM says railways, union must settle issues at negotiating table
Canada PM says railways, union must settle issues at negotiating table
Aug 21, 2024
OTTAWA, Aug 21 (Reuters) - Canadian Prime Minister Justin Trudeau said on Wednesday the country's two main rail companies and the Teamsters union had to settle their differences at the negotiating table. Canadian National Railway ( CNI ) and Canadian Pacific Kansas City ( CP ) have said they will lock out their workers early on Thursday unless new labor...
IBM fired white worker to fulfill diversity goals, lawsuit claims
IBM fired white worker to fulfill diversity goals, lawsuit claims
Aug 21, 2024
Aug 21 (Reuters) - IBM ( IBM ) is accused in a new lawsuit of forcing out a high-performing white consultant in order to further the company's goals of building a more diverse workforce. The lawsuit filed late Tuesday in Grand Rapids, Michigan, federal court is the latest from America First Legal, a conservative group founded by ex-Trump administration officials,...
What's Going On With McDonald's Stock Today?
What's Going On With McDonald's Stock Today?
Aug 21, 2024
McDonald’s Corporation shares are trading higher on Wednesday. The company is set to invest £1 billion ($1.30 billion) in the U.K. and Ireland over the next four years, aiming to open new restaurants and generate over 24,000 jobs. The new restaurants are part of McDonald’s ongoing investment to adapt to evolving customer expectations. The rollout will feature new formats, including...
Brazil airline Voepass halts some flights after deadly crash
Brazil airline Voepass halts some flights after deadly crash
Aug 21, 2024
SAO PAULO (Reuters) - Brazilian airline Voepass has decided to reduce some service to nine locations after one of its planes crashed and killed 62 people in Sao Paulo state earlier this month. Regional carrier Voepass, Brazil's fourth-largest airline by market share, said in a statement sent to Reuters that the move was necessary as it now has one less...
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